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20121201
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Search Results 0 to 27 of about 28 (some duplicates have been removed)
minister mario monti, yes, the same one that is famous from all the anti-trust things back in the -- was that the '90s? >> the '90s, yeah. >> monti announcing he'll step down before his term ends. the decision comes after the party of sylvia berlusconi withdrew support for monti's government last week. berlusconi has indicated he will run for leadership again. cnbc's carolin roth will join us from italy with the latest in a few minutes. when i was over there, i had to have the -- all the political signs translated because there's a picture of monti sitting under a beach chair drinking a drink and all the text was send monti to the beach. they already didn't like him. >> he had very high disapproval ratings. i remember last summer i had seen that somewhere. >> they want to send him to the beach. the major european averages at this hour, there they, they're all down. not great in france, but germany down about .7% and the ftse down fractionally. other news out of europe, debt tieback for from an day to receive additional buyback offers. those would be at deeply discounted pri
at a weaker pace. the planned resignation of italian prime minister mario monti weighing on the european markets this morning. he said he will step down as soon as the 2013 budget is approved. that's because berlusconi. it's been said a couple things this morning, that italy is now the problem child in europe, more than greece, more than spain. but conversely, china, if gdp is coming back, they are in what many consider to be a sweet spot. >> the numbers came out saturday for china. i think italy has been remarkably good. so this was a big game changer. italy had been a part of the good story of european recovery. now it's back. >> all to monti was never intended to be there for the long term. >> sure. >> in fact, he may be leaving a month earlier than originally planned. this should not be a surprise in the larger context. while we may mention berlusconi's name right now, he's not expected to win. >> look, we knew that monti was successful. >> it may be whoever follows him is going to roll some of the gains that he's had. so-called gains. >> that's going to cause ripples here. look, on
. ira, here we go. you know, monty hall, a big game show guy. now we have mario monty hall in the game of politics. can you try to explain to viewers and listeners? you know, no, i don't want to lose but i'd still take the job. tell me about it. >> he wants to be -- he wants to run the show and, you know what? when you saw berlusconi kind of backed off and actually support him now so it's like they're going to parachute him back in. he won't run and he says i don't have to because he is a life senator whatever that means but italy has its own laws as you know, probably as well as anybody. but he wants -- he'd like to continue to run the show because he feels just like mario draghi that he's been very successful and he can't let go of the reins. now i understand that. but he doesn't want to run. >> he's been very successful and he tells us about that. >> right. >> he had his july 26th surprise between him and mario draghi but in the end as you pointed out off camera he doesn't want to lose. he's not going through the process in a way where he can lose. basically if you appoint me i'll t
monti announcing he would consider seeking a second term as italian prime minister if approached by allies that are committed to actually backing his reforms. michelle caruso-cabrera joins us on set. you can see that andrew was taking some shots. >> a new camera. >> i'm so used to it wherever i go. andrew, we've got the fire behind you. >> it's summer cute. >> the sweater. >> yeah. >> but it's an orange -- i don't understand why it's orange. it's hal weeb. >> it's a red sweater. >> look at it. i know it's coming a little bit orangey. >> on tv. >> okay. >> lovely. thank you. love the guys in the control room. >> so here's italy. silvio berlusconi. your intro was about mario monti which is all true. silvio berlusconi, the former prime minister of italy -- >> my favorite. >> thank goodness for silvio berlusconi. >> look at his hair. what is he, 76? >> 76. he just sat down with cnbc italy over the weekend. silvio berlusconi says he does not want to run for prime minister, but, he is obligated to, because the country needs him so desperately. he is the only one that can bring together
earlier, as well. the hillsdale shopping center,er is monty center, the streets of brentwood, serramonte and the bay street shopping center will be opening a little earlier and some of them will be stake open a little later to accommodate shop -- will be staying open a little later to accommodate shoppers. live in san leandro, cate caugiran, cbs 5. >> what did you get? that's the question cbs 5 reporter jennifer bistro asked some kids. >> >> reporter: the weather outside was kind of frightful but the gift wrap ripping, well, you get the idea. as i went door to door in this coastal town lots of creatures were stirring, and it was pretty clear santa had been around. what did you get? [ laughter ] >> garfield! >> reporter: not every kid's dream gift but santa delivered some cool stuff this christmas. >> i got a red sled and a skim board and skateboard, some santa claus outfit with the hat. >> reporter: are you practicing for something, extreme sports perhaps? >> not yet. [ laughter ] >> too little. >> reporter: kids of all ages got into the act. >> happy? >> very. gorgeous. beautiful. >> r
in daly city. the crash occurred on northbound interstate 280 near sara monty boulevard. the chp says the woman driving alone apparently did not see an abandoned car and slammed right into it. and then she was struck from behind and died at the scene. traffic came to a stand still while emergency crews work to cut the victim out of that wreckage. the storm causing problems in sonoma county and take a look at this video we just got in. a utility pole in west santa rosa, and you can see how it is completely blocking the road there, and we are bound to see more damage like that as the morning goes on. we are receiving video via you report of the storm. streets were flooded from a big downpour this morning in san francisco at 18th and dolores streets. i believe lisa argen mentioned that in her accu-weather forecast. this whole street looks like a small river. >>> we also took this video of rain pouring down in front of our station here on front street about two hours ago. water flowing down and turning creeks and -- curves into little little -- curbs into little creeks. send us your video
on the badgers. wisconsin is 8 and 5 this season, but winning the big 10 title crushing nebraska. monty ball and melvin gordon rushed for 200 yards against the cornhuskers. he is the career leader in touchdowns with 81. this will be wisconsin's third straight trip to pasadena, but the badgers have lost the last two years to tcu and oregon. meanwhile, san jose state plays bowling green in the military bowl on december 27th in washington, d.c. for the first time ever the spartans are ranked 24th at the at and bcs polls. he is a big reason for the team's success. he leads the nation in passing accuracy and is tied for eight with 31 touchdowns. later in the show stanford basketball and former cardinal quarterback andrew luck pulls out a victory with no time on the clock. this abc7 sports report is brought to you by river rock casino. >> appreciate it. >>> coming up next on the news at 11:00, the russian river was one of the areas of concern. why residents are breathing a sigh of relief. and lots of water and lots of snow. we will show you what they are facing in th >>> good evening. i'm ama date
. monty ball and melvin gordon rushed for 200 yards against the cornhuskers. he is the career leader in touchdowns with 81. this will be wisconsin's third straight trip to pasadena, but the badgers have lost the last two years to tcu and oregon. meanwhile, san jose state plays bowling green in the military bowl on december 27th in washington, d.c. for the first time ever the spartans are ranked 24th at the at and bcs polls. he is a big reason for the team's success. he leads the nation in passing accuracy and is tied for eight with 31 touchdowns. later in the show stanford basketball and former cardinal quarterback andrew luck pulls out a victory with no time on the clock. this abc7 sports report is brought to you by river rock casino. >> appreciate it. >>> coming up next on the news at 11:00, the russian river was one of the areas of concern. why residents are breathing a sigh of relief. and lots of water and lots of snow. we will show you what they are facing in [ female announcer ] now get high speed internet at home on our newly expanded advanced digital network, a connection you
's happening with italian politics. of course, mario monti saying he was going to resign as italy's prime minister. that paves the way for flesh elections to be called in the beginning of next year. yesterday, we saw the negative reaction. sylvia berlusconi wants to make his return on the political scene. today, we saw a bounce back. if you can see see bind me, the bank stocks in italy rerebound, but it's only in the range of .5% to 1% of these names which were down in some cases nearly 10% yesterday. if you take a quick look at european bourses, if that's possible, down near the ftse mib, this is the one selling off somewhere in the range of 3.5% yesterday. today it's adding about .8%. in spain, showing a nice rebound. same attitude listing peripheral debt. we can take a look there. italy and spain seeing prices rise, yields falling to 4.75% and 5.75% respectively. is investor attention returning to spain? here is the thing. italy is the third biggest government debt market in the world. it's the third biggest economy in the eurozone. whatever happens with its political situation could p
on wall street. but investors were cautioning. and italy's prime minister, mario monty, resigned. wall street is expecting the worst bonus season since the financial crisis of 2008. the average bonus will decline 16 1/2% from last year, to just over $100,000. and about one in five wall street workers won't get a bonus at all, as banks and investment firms continue to struggle in a tough economy. sales at mcdonald's rose in november, as u.s. brought more breakfast items and its new cheddar bacon onion sandwiches. drivers are getting some relief at the gas pump. according to the lundberg survey, a gallon of regular unleaded costs average. $3.46 nationwide. and retailers are acquiring holiday help in record numbers. retailers a added, 465,500 seasonal workers in november as they wrap up for the holidays. that's barely surpasses a previous record set in 2005, just before the financial crisis. that's your money watch. for more, head to cbs money watch.com. >>> a bald eagle is going to be okay, thanks to the quick thinking of two fort myers resident
in italy. >> it's an all-italian version of the european close right now, carl. mario monti, contrary to reports last week that he did not want to run for prime minister again, we now hear he's undecided, and may actually run for p.m. of the country. right now he serves technocratically. there's expected to be an election early next year, maybe in february or in march. he has told reporters that he's considering it. the cabinet member he spoke with earlier in the week said he's going to make an announcement sometime this week on television. when asked by reporters about his recent visit to the tomb of saint francis he said he did, indeed, pray there to help him make a decision about whether or not to run. a man eagerly awaiting monti's decision is silvio berlusconi, the former prime minister of italy. we're pretty sure he has not prayed at the tomb of st. francis lately. he has said that he devil wants to be run for prime minister again however at the same time he's also made noises that suggest that he wouldn't run if monti runs. that's not set in stone. we're going to see what happe
individual, and they need to be brought to justice. >> it's been nearly 40 years since monti serino's last homicide. neighbors say no one really knew the victims because the couple pretty much kept to themselves. >>> a well-loved san jose talk rey ya is out of commission after a two-alarm fire it this morning. 8:00 this morning, flames were burning in the building's attics. it's been a staple for more than two decades, just last year they earned top honor on making the best at thtamale. >>> an autistic 16-year-old girl who went missing for two days after leaving an oakland youth center has been found. but police say she was beaten p. a concerned bus driver called police last night after he saw cheyenne white alone on the bus. police say they will interview her once she's physically able. the teenager is described of having the mental capacity of a 7-year-old. a $5,000 reward is offered for any information leading to the arrest of the suspects. >>> a follow-up to a story we brought you earlier this week. a $10,000 reward is being offered to help find a suspect who shot at a milpitas police
cliff. >>> the outgoing prime minister mario monti said he will contest the general election in february. he will lead a coalition of supporting his reform agenda. his appointment last year as the head of the technocratic government sought to end the financial crisis. former prime minister silvio berlusconi is rounding out his new year with a divorce, pinning his ex-wife almost $4 million per month. he was accused of having relationships with young women. the venezuelan president hugo chavez cents a message of faith to his supporters from his hospital bed. the message said that well- wishers and supporters were helping his recovery following the cancer operation. there is been speculation over whether his health has left him fit to lead the country. >>> a 6-year-old british girl who was abducted by her father and to pakistan three years ago has been reunited with her mother in the u.k. in the past couple of hours she arrived at manchester airport. she was taken from her home in greater manchester on her third birthday, found with the help of the pakistani authorities and is understood t
-- he's less monty hall, more monti burns to extract pain on the republicans. >> stephanie: so the issue that he ran and won on -- >> well, i think what's so frustrating for republicans is the last time we had some of these dopey countdown to the clock of armageddon was with the debt deal. and republicans were in a much stronger position for better or for worse just because they were willing to you know, blow up the whole debt deal, et cetera. so i think you know, they wish it was like that. they wished -- when that unfolded, obama was taking hit after hit. he did not have the leverage. he obviously hadn't just won an election. his approval ratings were going in the tank. so they're upset that this isn't a rerun. they're upset that obama seems to be holding a lot of the cards. they're upset the republicans seem weak and boehner is divided and the republican party. so a lot of this complaint like we heard from ducey is him saying boy we want the debt deal again. we want it where obama was on the run and taking hi
a possible successor if his health declines. >> premiere monti said he plans to resign following the sudden loss and support from the party of berlusconi paving the way for early elections a year after he pulled the country back from the brink of disaster. >> a massive search-and-rescue effort in the philippines with 900 fishermen missing after a typhoon struck. >> new fallout to the growing political conflict in egypt. egyptians in egypt are flooding into the united states many live ing egypt because of the crisis and for their safety. and now, live in los angeles. dominic, what sort of scale is this wave of asylum seekers? >> napolitano at homeland security says we are seeing a doubling of seekers since the muslim brotherhood took power and 100,000 egyptians have turned up according to unofficial figures. it is mostly the coptic christians and we understand, as well, that new constitution does so little to protect minority rights including christians there and this is an attempt by the islamist to wipe out what remains, really, of the christian community in cairo. take a listen. >> christ
because spending cuts are not working out for italy's government. prime minister mario monti announced he would resign after losing support over his austerity moves. a return of political instability there reminds us that europe still faces a lot of hurdles before it comes out of its economic crisis. countries like greece, spain and italy have been tackling their problems with sharp cuts in spending and higher taxes and that's been fueling recession and unrest. meanwhile, we now know that japan officially slipped into its own recession over the summer with the japanese economy contracting 3.5% between july and september. now, the previous quarter, the previous three months number was also revised lower and that makes for two consecutive quarters of negative growth and that's the classic definition of a recession. from asia, back to america, literally, a group of chinese investors agreed today to buy an 80% stake in aig's aircraft leasing business. back in 2008, the insurance giant was bailed out by the u.s. government to the tune of $180 billion. four years on, still paying back the money
an animal trainer taught monti to drive. he looks at home behind the wheel. with modified controls he can put the car in >>> this was a landmark year for technology. brian cooley of cnet will show us their top stories of the year and they may surprise you brian says. he's joining us next on "cbs this morning." >> announcer: this portion of "cbs this morning" is sponsored by aarp, fighting to keep medicare and social security strong for generations to come. and social security strong for generations to come. ♪ [spider-man] we got this. ♪ ♪ [mom] this hero stuff is easy! ♪ that's why new dove style + care whipped cream mousse nourishes and conditions to help keep curls well defined and touchably soft. new dove style + care whipped cream mousse. better style through better care. ♪ [ female announcer ] your favorite holiday flavors are here... with some new ones to love. ♪ try new sugar free pumpkin spice... and pecan praline. the gift of great taste is just a click away. get your coupon at tastelift.coffee-mate.com. nestle. good food. good life. >>> our partners at cnet cover the
interesting. >> meanwhile, european markets are down and because the italian prime minister mario monti m a surprise. is going to resign. and silvio berlusconi wants to replace him. europe is appalled. and people blaming the recession for not having more children. 64 births for one thousand women of child bearing age. half of the peak of the baby boom in the 1950's. our next guest has six children, counts them. and what's that-- >> and naham segal. that works. >> have i got that word? >> and light tte candles. >> if you light them i will come. >> you have six children. >> as do you. >> leave me out of this. >> and others people say they can't afford it you're saying it doesn't matter if you can afford them or not. >> if the price tag of having a child scares you the most, you haven't done the right gut test. stuart: so, go ahead and have the children whether you can afford them or not. >> having children is the investment in the future. if we don't have children now and understanding in the short-term there are obviously economic hardships going on, it is classic then in an economic down
of people think your dogs are brilliant. ladies and gentlemen, this is proof. you're looking at monty, ginny and porter. >> brian: real? >> steve: yes. those are dogs that are learning how to drive. what they're trying to do is changing the public's per suspicion of the intelligence of rescue dog, showing that you can teach old dogs new tricks. come get a rescue dog. who knows? maybe they'll drive you around. >> brian: i mean, your paws are warn out, you want an alternative? this is it. >> gretchen: how about all the car pooling for moms and dads? got to get your kids to socker and piano. who know as soon as maybe in the coming future the dog can drive. >> steve: one of the extraordinary things, this is taking place in new zealand. they're giving these dogs these driving lessons. they're actually going to have their official driver's test live on television. who wouldn't watch that? >> brian: these are rescue dogs that could pay the ultimate price if people don't adopt them. people are saying look, not only are they great dogs, but how intelligent they are. >> gretchen: maybe that dog could
't want to make a deal. he's less monty burns from the simpsons where he's trying to extract and exact political pain on the republicans. >> i think it's a combination of arrogance. he may be the most arrogant person who ever sat in the oval office. a combination of that and inexperience and if you put those two combinations together, you get someone who is so confident in his own point of view, his own position that he can't recognize any validity in the other person's point of view. >> steve: we've talked to a number of people who say, you know, the president could be overplaying his hands. he thinks he's got all the cards. the republicans could all stand together and jump off the cliff with him and that essentially is going to screw am his legacy for the next four years. >> well, both ronald reagan and bill clinton had strong legacies because they had strong growth in the second terms of their presidency. if barak obama has growth not much more than 2%, his legacy will be ashes. it's surprising to me that he is incapable of recognizing that and trying to put something in place that
the tone for the week here. they're down after super mario monti announced an early resignation as italian prime minister. >>> the fiscal cliff for payroll processors is not 22 days away. it's 4 days away, december 14th to be exact. millions of small businesses do their own payroll, and they're preparing now for the paychecks for the first week of january. right now they have no idea how much to hold back for social security taxes and the expiring bush tax cuts. the american payroll association urging congress to make a deal on the cliff saying, quote, a delay in legislation beyond december 14th doesn't give all businesses enough time to update and test their payroll systems for early january paychecks. >>> and in today's smart is the new rich, should you pay tuition based on which major you choose? the governor of florida rick scott considering it. a task force appointed by governor scott wants students to per sue so called s.t.e.m. majors against less in demand majors like history, philosophy, or english. the idea is to steer students to where there's the most need. liberal arts professi
can so they can be good citizens and function as we have. host: monty writes in on twitter. guest: it is also parental involvement. parents will call a lawyer for someone else if the school says the child has a problem. the school should not say, "it is all the parents' fault." even the best of parents can be overwhelmed. what happens when the father is not involved? sometimes kids will obsess on the video games. sometimes the best thing a parent can say is "no." if you have a child that is calling the shots and parents say they are afraid, that is not the way to raise children. you can still have mental illness as part of that child, even with the best of parents. host: congressman murphy is the co-author of a book, "overcoming passive aggression," which is published in 2005. william is up next from pennsylvania on the republican line. caller: good morning. i want to give my condolences to the 20 people that got killed. i am 67 years old. hello? i could not hear you. had two kids myself --i had two kids myself. we have to tell people how to raise their kids. i have been involved
served from. there's a whole another group of obama's but i will do more sensitive way than monty scenario in terms of what the story really comes from. it reminded me a little bit of the clinton book and what people thought because he said it. it is in clinton's convention acceptance, they ran a film, the man from hope. this little small town in southwestern arkansas, the simplicity of rural life and in fact he's from hot springs, a completely different place, much more cosmopolitan and complex with a darker side. the obama story is that people so far his coquette to want to sir and of the story of barack obama senior and his father takes place somewhere else and that's where the african section of this book will start. >> host: two final questions. we want to introduce our viewers to [inaudible] >> guest: leo you could not make out. he belongs in some kind of african john cover a novel. he is 73 years old. he walks around this menacing club. he's got a depot into a cinema and seems to know everybody in africa.
point of view on this, which is you think back to a year ago when monti gets named technocrat tick prime minister of italy, he comes out with a package two thirds tax hikes, one third tax cuts. and i remember saying do you think this will work, they're raising the v.a.t. tax and i understand italian household debt isn't that high, but they were trying to tax their way out of a massive debt problem and in fact receipts went down, consumption fell to 4.25 annualized rate and the situation got much worse. today italy has zero nominal gdp grets. and they're funding at 4.5%. that is a bad business model. spain same story. so when you bnk our package and what's been offered so are far which appears like $1.6 trillion in tax hikes against $400 billion of entitlement cuts over time, that's an even worse mix than the two-thirds/one-third european structure that really has gotten a negative reaction. >> how much is because of the mix and how much of it just this is what austerity looks like? >> is the money in capping deductions or raising marginal tax rates? it's in capping deductions. but that's
Search Results 0 to 27 of about 28 (some duplicates have been removed)